The central government has advised state governments to prioritize the deregulation of laws that are unfriendly to women workers.
This recommendation was made during the National Conference of Chief Secretaries held from December 13-15, 2024, with the aim of attracting investments, creating jobs, and bolstering economic growth.
Systematic Deregulation for Economic Growth
The central government emphasized the need for systematic deregulation...
Singapore-based DBS Bank has appointed Rajat Verma as the new CEO of DBS Bank India, effective from March 1, 2025.
Rajat will succeed Surojit Shome, who will retire on February 28, 2025.
This appointment comes after the Reserve Bank of India approved Rajat's nomination for the role.
Rajat Verma brings over 27 years of experience in consumer and corporate banking, including transactional...
Foxconn, the Taiwanese contract manufacturer known for assembling iPhones, has completed its $230 million project to build dormitories for workers at its Sriperumbudur plant in Tamil Nadu.
This initiative aims to provide enhanced accommodation for its predominantly female workforce, improving their quality of life and operational efficiency.
Foxconn Project Overview
The dormitory complex, spread over 20 acres, includes six residential blocks,...
Infosys, India's second-largest technology and consulting company, has launched a large-scale recruitment campaign with nearly 2,000 job openings.
These positions are open to a wide range of candidates, including entry-level graduates, interns, and experienced professionals.
This hiring drive represents a significant opportunity for those looking to begin or advance their careers in the IT and consulting industry.
Entry-Level Roles and...
RBI Innovation Hub (RBIH) has launched a pilot project in collaboration with digital lender Vivifi Finance to provide unsecured loans to gig workers.
This initiative aims to integrate gig workers, including cab drivers for Ola and Uber, and food delivery personnel for Swiggy and Zomato, into formal banking channels.
The pilot project leverages alternative data, such as job history, income patterns,...
Secretary of Ministry of Labour & Employment, Smt. Sumita Dawra, chaired a crucial meeting to review the social security schemes for gig and platform workers.
This meeting, held in a hybrid mode, aimed to deliberate on the various options available to provide social security coverage to this rapidly growing workforce.
Stakeholder Consultation and Global Best Practices
During the meeting, Sumita emphasized...
Before looking at HR priorities for 2025, I would like to point out that the past few years have fundamentally reshaped the landscape of work. Whether driven by the pandemic, the Great Resignation, subsequent mass hiring and layoffs, or the shifting geopolitical climate, these changes have significantly impacted employer-employee relations, which have remained relatively constant for decades.
During this...
In a recent panel discussion moderated by Romesh Srivastava, Editor -in- Chief, SIghtsIn Plus with HR leaders Rajita Singh, Chief People Officer, kyndryl India and Sharad Verma, CHRO, Iris Software identified four critical Talent Challenges facing the IT and Tech industries in 2025.
These challenges include AI integration and upskilling, sustainability and digital transformation, global competition and innovation, and talent...
Cognizant Technology Solutions Corporation, a leading global professional services company, is on a hiring spree, posting over 1200 job openings across various domains in India.
In recent months, Cognizant has been making significant strides in various areas.
The company announced a partnership with AWS to bring Gen AI into smart manufacturing, showcasing its commitment to innovation and technological advancement.
Additionally, Cognizant...
EPFO is set to undergo several significant changes in 2025, impacting millions of salaried individuals across India.
These changes aim to enhance the retirement savings experience, streamline processes, and improve transparency for both employees and employers.
Here are some important new rules which could be implemented in 2025 to benefit EPFO members.
EPFO 2025: ATM Withdrawal Facility & Contribution Cap
One...